New Store in Sanford!
Dublin Core
Title
New Store in Sanford!
Alternative Title
Sanford General Storehouse Ad
Subject
Retail industry
Sanford (Fla.)
Lake Monroe (Seminole County and Volusia County, Fla.)
St. Johns River (Fla.)
Description
An advertisement from November 1871 for the opening of the general store in Sanford, Florida. The Sanford General Store was founded by Henry Shelton Sanford (1823-1891) in March 1871. The store was created with hopes of bolstering the success of the Sanford Sawmill, opened the prior year. The creation of the store was the result of advising offered to Sanford by Edwin G. Eastman. Eastman suggested that a general store would be the surest way to improve profitability of the ailing sawmill, as mill employees would be paid with goods from the store. The general store's initial years of operation were plagued by problems. The store suffered from periodic shortages of crucial supplies. Local farmers, faced with poor agricultural production, had a difficult time turning their produce into the cash needed to purchase goods. The only way Sanford proved able to ensure consistent sales was through the extension of credit to local settlers.
This approach proved untenable, however, as impoverished customers proved unable to pay their debts to the store. In January of 1873, the store was owed $4,000 by delinquent customers, a number that ballooned to $25,000 by 1879. As Sanford's personal financial state suffered, maintaining the stock of groceries became increasingly difficult. By March of 1879, Sanford was unable to continue the operation of the general store and decided to dispose of the remaining supplies and lease the building, alongside the wharf and its attached warehouse, for three years terms at $550 per year.
This approach proved untenable, however, as impoverished customers proved unable to pay their debts to the store. In January of 1873, the store was owed $4,000 by delinquent customers, a number that ballooned to $25,000 by 1879. As Sanford's personal financial state suffered, maintaining the stock of groceries became increasingly difficult. By March of 1879, Sanford was unable to continue the operation of the general store and decided to dispose of the remaining supplies and lease the building, alongside the wharf and its attached warehouse, for three years terms at $550 per year.
Source
Original advertisement: box 52, folder 1, subfolder 52.1.2, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, Sanford Museum, Sanford, Florida.
Date Created
1871
Is Format Of
Digital reproduction of original advertisement.
Is Part Of
Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, Sanford Museum, Sanford, Florida.
Henry Shelton Sanford Papers Collection, RICHES of Central Florida.
Format
image/jpg
Extent
439 KB
Medium
1-page printed advertisement
Language
eng
Type
Text
Coverage
Sanford, Florida
Accrual Method
Donation
Mediator
History Teacher
Economics Teacher
Provenance
Originally created by Henry L. DeForest.
Donated to the Connecticut Historical Society after 1901.
Loaned to the Tennessee State Library and Archives for processing until June 1, 1960.
Acquired by the General Henry S. Sanford Memorial Library, Sanford Museum in 1960.
Rights Holder
The displayed collection item is housed at the General Henry S. Sanford Memorial Library, Sanford Museum in Sanford, Florida. Rights to this item belong to the said institution, and therefore inquiries about the item should be directed there. RICHES of Central Florida has obtained permission from the Sanford Museum to display this item for educational purposes only.
Curator
Fedorka, Drew M.
Digital Collection
Source Repository
External Reference
Fry, Joseph A. Henry S. Sanford: Diplomacy and Business in Nineteenth-Century America. Reno: University of Nevada Press, 1982.
Collection
Citation
“New Store in Sanford!,” RICHES, accessed November 21, 2024, https://richesmi.cah.ucf.edu/omeka/items/show/4732.